Bullboard - Stock Discussion Forum Precious Metals and Mining Trust T.MMP.UN

Alternate Symbol(s): PMMTF

Precious Metals and Mining Trust (the Trust) is a Canada-based investment trust. The Trust's investment objective is to provide unitholders with long-term capital appreciation and monthly cash distributions. The Trust invests in a portfolio consisting primarily of equity securities of mining issuers that are listed on a North American stock exchange. The Trust invests in various sectors... see more

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Precious Metals and Mining Trust > Began a position yesterday.

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Post by mouserman on Apr 18, 2024 9:00am

Began a position yesterday.

Looked at the list of holdings in MMP.un and decided it was worth a poke. Likley buy more today if it drops again, with gold heading for a new high quite likely. Just TOO MANY good reasons for gold , ( and commodities) to head higher. Trading at a discount, as i have the NAV for MMP.un above $1.80...at $1.60 it s a buy.